What is in our Summer Newsletter?
After the General Election, we expect a fiscal statement of some sort in September with a Budget to follow in November or March. In the meantime, this newsletter includes:
- the combined effects of dividend and corporation tax increases and employees NIC reductions on profit withdrawal plans
- gross payment status in construction industry
- tax relief for training costs
- PAYE reporting rules for salary advances
- proposals to reform “non-dom” status
- tax reliefs for short term holiday lets
You can read the newsletter in full here.
If you would like to speak with us on any of the issues raised in the newsletter, please do get in touch.